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Nov 16, 2012
11/12
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CNBC
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i like the financials and energy and housing. not so much the condition summer names over there. it's pretty big target, 1585 next year so it'd stick with the technology and financials. >> why not discretionary? getting a deal in washington, wouldn't those stocks shoot higher? >> well, okay. if you get a deal in washington, yes. but that's predicated on getting a deal. either way taxes will be higher and middle class suffer and the stocks will not really ben fate right now. >> energy and financials, are they on your radar? >> if i'm going energy, i'm going emps but as simon said, taxes have to go up on everybody and not enough money so i think the market is either going to move sideways or lower but you have to buck the trend. yahoo! in a down market nothing but move up and stay with the name like this. >> up like 12% i think. >> exactly. it's a turnaround story so people aren't connecting that with fiscal cliff. they're not connecting that with global growth just now. she's done an excellent job and people putting in a name like that. >> there's yahoo! shares highs of the day to
i like the financials and energy and housing. not so much the condition summer names over there. it's pretty big target, 1585 next year so it'd stick with the technology and financials. >> why not discretionary? getting a deal in washington, wouldn't those stocks shoot higher? >> well, okay. if you get a deal in washington, yes. but that's predicated on getting a deal. either way taxes will be higher and middle class suffer and the stocks will not really ben fate right now. >>...
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Nov 16, 2012
11/12
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CNBC
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not the department of energy. this all plays into the controversial over whether the department of energy or federal government ought to be funding some of these alternative energy start-ups which have not had such a great track record. >> eamon javers, thank you. >>> welcome back to "power lunch." all this week on cnbc we have been focusing on entrepreneurs. the folks that may help lead the struggling economy back to a greater level of vitality. but a stunning report from deloitte out just today shows that the united states may be in danger of losing its edge as the best place for entrepreneurs. here in a cnbc exclusive, tom mcgee, national managing partner of deloitte. so one of the last times you did a survey like this, 90% of the entrepreneurs said the united states was a best place to open a new business. this time, only 60%. that ask a 33% decline. why? >> i think there is a number of factors around that. the survey population of mid market companies, companies between $10 million to $1 billion of revenue. i
not the department of energy. this all plays into the controversial over whether the department of energy or federal government ought to be funding some of these alternative energy start-ups which have not had such a great track record. >> eamon javers, thank you. >>> welcome back to "power lunch." all this week on cnbc we have been focusing on entrepreneurs. the folks that may help lead the struggling economy back to a greater level of vitality. but a stunning report...
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Nov 16, 2012
11/12
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CNBC
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having an energy plan that actually allows us to utilize responsibly the energy resources we have right here. a health care plan that is predictable for folks, that provides some certainty for job creators. then a regulatory scheme that isn't punishing those folks out there trying to create businesses and jobs. >> i've been tough on the republicans as well for not bending on an issue that is relatively small. the money that we're talking about is not that big of a deal. you guys have hurt yourself by not wavering. i will end with this, congressman. it seems the democrats are overselling the same dollars multiple times. we're going to use it for this, we're going to use it for this. in reality, a, it is not that much, and b, it seems like it's already spent. >> look, these folks seem to be more interested in increasing taxes as opposed to increasing economic activity. it's not increased taxes that will solve this problem. and raising taxes to chase ever increasing spending here is the definition of insanity. that's why we've got to get around that table and come forward with that common
having an energy plan that actually allows us to utilize responsibly the energy resources we have right here. a health care plan that is predictable for folks, that provides some certainty for job creators. then a regulatory scheme that isn't punishing those folks out there trying to create businesses and jobs. >> i've been tough on the republicans as well for not bending on an issue that is relatively small. the money that we're talking about is not that big of a deal. you guys have hurt...
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Nov 13, 2012
11/12
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CNBC
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eye 47
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southwestern energy is up as a result. stocks up 3%. joey, what's the best way to play the space right here, right now? >> i'm playing it through a name, swn is the ticker symbol. you can also play psd and you can play eog. i think it's important to understand, natural gas spot prices have remained rather resilient for the last couple of weeks. now you've got some cold weather coming forth, and on thursday, the potential is there that you'll actually have your earliest withdrawal from inventories since 2007. >> well, it is the issue on the mind of every investor these days. that, of course, the fiscal cliff. and as lawmakers return to work today to try to hammer out a compromise, our own eamon javers lays out what a road map to a deal might look like. he joins us live from washington no now, eamon. >> reporter: the heads of most of the major progressive groups are in a meeting with president obama now. it started a little over a half hour ago. and this morning i talked to some of the labor leaders and they told me the message they plann
southwestern energy is up as a result. stocks up 3%. joey, what's the best way to play the space right here, right now? >> i'm playing it through a name, swn is the ticker symbol. you can also play psd and you can play eog. i think it's important to understand, natural gas spot prices have remained rather resilient for the last couple of weeks. now you've got some cold weather coming forth, and on thursday, the potential is there that you'll actually have your earliest withdrawal from...
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Nov 15, 2012
11/12
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CNBC
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eye 124
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cpi and food energy not affected yet though there does tend to be a pop in prices after big storms like this. it is the philly fed survey that well underperformed where i think we may be seeing a lot of this. there could be some utility output in the year. there could be a whole bunch of businesses shut down and some of it what we don't know is we were accelerating the economy into the election and some of the chain store sales might have dropped off just before sandy came in. and then we seem to be getting an effect certainly in the retail sector, in cars we know. now labor. it's going to be a couple months before this washes out, pardon the pun. >> thank you, steve leisman. simon? >>> it is a busy day, tyler. lawmakers on capitol hill have released their highly anticipated report on the collapse of mf global and jon corzine's role within that. kayla tausche has the very latest. >> simon, a year in the making that 97-page report authored by the republicans on the house oversight subcommittee hardly minces words in singling out former senator jon corzine, as well as mf global's rating a
cpi and food energy not affected yet though there does tend to be a pop in prices after big storms like this. it is the philly fed survey that well underperformed where i think we may be seeing a lot of this. there could be some utility output in the year. there could be a whole bunch of businesses shut down and some of it what we don't know is we were accelerating the economy into the election and some of the chain store sales might have dropped off just before sandy came in. and then we seem...
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Nov 14, 2012
11/12
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CNBC
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manufacturing driven by very low energy prices. we're self-sufficient energy for the first time in years. another company like ppg, they really own the coatings business, about 70% of revenues from coatings, they're growing 4% to 6% organically and end the year with $2.5 billion in cash. they just sold their business, another $1 billion, that $3.5 billion in cash, 60% go to grow the business, 40% return to shareholders. you've got 5%, 6% top line, 10%, 12% net income growth with stock buy back and dividend going up 15% a year. you get 2% while you wait. if things -- if we don't do it on a fiscal cliff and things get worse, not going to get hurt. >> where did you buy comcast? >> comcast we've owned for a couple of years. that's another one that has morphed into a return of capital story. when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're try
manufacturing driven by very low energy prices. we're self-sufficient energy for the first time in years. another company like ppg, they really own the coatings business, about 70% of revenues from coatings, they're growing 4% to 6% organically and end the year with $2.5 billion in cash. they just sold their business, another $1 billion, that $3.5 billion in cash, 60% go to grow the business, 40% return to shareholders. you've got 5%, 6% top line, 10%, 12% net income growth with stock buy back...
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Nov 16, 2012
11/12
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CNBC
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and this explosion occurred on a shallowwater rig by black elk energy. apparently four people medevacked from the location and two others are missing and not accounted for. the coast guard continues to investigate an bringing viewers up to date on when's happening there in the shallow waters in the gulf of mexico. we did see oil prices react immediately, spiking more than $1.50 on the news and then giving back the gains. we are seeing a slight recovery and in line with what we're seeing in equities, as well. back to you. >> thank you so much. sharon epperson watching that breaking story from the nymex. to debrief the last hour, republicans have put revenue on the table and i guess you could argue that's a big change from two years ago, even a year ago. i wonder if you think we have made -- there's been a little more progress than we're giving the situation credit for given the fact we're so myopic about the day-to-day negotiations. >> i absolutely do. this is building over time, since the collapse of those grand bargain negotiations in the summer of 2011
and this explosion occurred on a shallowwater rig by black elk energy. apparently four people medevacked from the location and two others are missing and not accounted for. the coast guard continues to investigate an bringing viewers up to date on when's happening there in the shallow waters in the gulf of mexico. we did see oil prices react immediately, spiking more than $1.50 on the news and then giving back the gains. we are seeing a slight recovery and in line with what we're seeing in...
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Nov 12, 2012
11/12
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CNBC
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we needed more fun and energy, oprah needed to be on more often. oprah came on the network in the beginning of january and we had been on the air already for almost a year. >> she wishes she would have been on from the get-go. >> even if she was, it still would have taken. you have to make your mistakes, your stumbles, learn from it and move forward. when oprah is on own, we're usually a top five network in america, we also have "sweetie pies" a lot of talk characters during the day but the length of view is about 90 minutes so people are spending a lot of time with it. >> that's so important. >> the network is one of the fastest growing cable networks in america. >> that was going to be my question it's a pure cable play which you'd like to have because of the dual revenue stream but it's difficult to be in cable channel play if all your channels stink. if you do, then you have something and it becomes international now, that's what you're doing. >> when i got to discovery we had 13 channels in the u.s. and six channels in 00 countries around the
we needed more fun and energy, oprah needed to be on more often. oprah came on the network in the beginning of january and we had been on the air already for almost a year. >> she wishes she would have been on from the get-go. >> even if she was, it still would have taken. you have to make your mistakes, your stumbles, learn from it and move forward. when oprah is on own, we're usually a top five network in america, we also have "sweetie pies" a lot of talk characters...
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Nov 16, 2012
11/12
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KICU
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. >> new attention on energy drinks. why there's so much concern about this popular brand. >> felony pleas, and the gulf oil spill and the one big issue still one resolved. >> and in weather, showers approaching our cost line, our live storm tracker two. and when the heaviest rain moves in for the upcoming weekend. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. >> two people escaped unhurt from a fire in san francisco's triangle. this morning. crews got to the 6-unit complex on noah st
. >> new attention on energy drinks. why there's so much concern about this popular brand. >> felony pleas, and the gulf oil spill and the one big issue still one resolved. >> and in weather, showers approaching our cost line, our live storm tracker two. and when the heaviest rain moves in for the upcoming weekend. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked...
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Nov 16, 2012
11/12
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., including something like a carbon tax for example which would achieve some of his energy goal simply not possible. you can't do it in a short time frame. so i think there are practical questions to that. but i don't think there's a principal objection to it if you somehow combined it with the existing system that in a way that reserved the distribution of the tax burden. he doesn't want to go backward on progressivity. and i think if you can meet those tests, that's part of help saying he's open to it. they've always been skeptical that you can did all these things. spi entitlement reform, deficit reduction and tax reform in anything close to the same time frame. >> all right, john, thank you. one more thing -- becky, i'm afraid to tell you this. fi phil lebeau, he knows everything about -- the last major -- >> i saw that. >> last major airline crash in the u.s. with fatalities was the one which was right after 9/11. >> horrific. >> in new york and right after 9/11. november of 2001. >> there was a 60 minutes piece on that neighborhood because that neighborhood just got swamped again
., including something like a carbon tax for example which would achieve some of his energy goal simply not possible. you can't do it in a short time frame. so i think there are practical questions to that. but i don't think there's a principal objection to it if you somehow combined it with the existing system that in a way that reserved the distribution of the tax burden. he doesn't want to go backward on progressivity. and i think if you can meet those tests, that's part of help saying he's...
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Nov 15, 2012
11/12
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WJLA
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. >> a word of caution about a highly caffeinated energy shot. they are investigating the popular energy drink. find out why at 6:00. virginia tech and the university of virginia, at two dick schools with an even bigger rival rick perry >> there are competing -- two at big schools that are competing against each other in a bitter rivalry. >> two schools known for backing men and women in uniform. they want to be known for supporting men and women in a different type of uniform. >> we both have alumni involved in the military. what better way to try to increase participation by playing on that competitive element. >> virginia tech and uva alumni are teaming up to see which school can collect the most books for the united for a reading program. they send a books overseas. once there, trades are able to record themselves reading a book to their children. -- troops are able to record themselves reading a book to their children. >> goodnight, guys. >> we have heard from some families that say their son will wake up and have breakfast with that on tele
. >> a word of caution about a highly caffeinated energy shot. they are investigating the popular energy drink. find out why at 6:00. virginia tech and the university of virginia, at two dick schools with an even bigger rival rick perry >> there are competing -- two at big schools that are competing against each other in a bitter rivalry. >> two schools known for backing men and women in uniform. they want to be known for supporting men and women in a different type of...
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Nov 17, 2012
11/12
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CSPAN2
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namely the energy from renewable sources, energy efficiency, energy pollution reduction and removal, natural resource conservation and environmental compliance education and training and public awareness. when i was testifying before the house energy and commerce committee they had a cut in front of me, often a glass of water but this time a glass of water and paper cup and the paper cup said architect of the capital on one side and power to save energy on the other side so since this cup fit the definition of education, training and public awareness the workers who made it had green jobs. if the cup had just said architect of the capital or had it just been a plain white cup, then the people who made it would not have had green jobs. when i wrote this book, "regulating to disaster" about environmental issues, while i was doing and i had a green jobs and perhaps i still do right now because i am talking about it. if i had been riding as i have been writing about social security and at the same time i was writing my book women's figures, and illustrated guide to the economic programs
namely the energy from renewable sources, energy efficiency, energy pollution reduction and removal, natural resource conservation and environmental compliance education and training and public awareness. when i was testifying before the house energy and commerce committee they had a cut in front of me, often a glass of water but this time a glass of water and paper cup and the paper cup said architect of the capital on one side and power to save energy on the other side so since this cup fit...
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Nov 19, 2012
11/12
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CSPAN
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an investment and then the energy policy, not just energy politics. united states is now the most energy rich country in the world with a wide portfolio of energy resources. that is not as good in terms of fitting jobs -- of creating jobs or because it allows us to be independent. it allows american manufacturing to be competitive again. labor costs were lower overseas. we can lower energy costs, of a sudden all kinds of american manufacturing is viable again. manufacturing jobs are middle- class jobs not allow people to raise their families, to buy a house, take a vacation and send their kids to college or get ahead in life. if we had a viable energy policy, we would be so much further ahead. we have to deal with health care. the government's solution is not the answer. we need to figure out how to empower people to access to a vibrant private market where they can buy the insurance they need at a price they can afford from any company in america that will sell it to them. the federal policies that encourage reform. we need sound monetary policy. the
an investment and then the energy policy, not just energy politics. united states is now the most energy rich country in the world with a wide portfolio of energy resources. that is not as good in terms of fitting jobs -- of creating jobs or because it allows us to be independent. it allows american manufacturing to be competitive again. labor costs were lower overseas. we can lower energy costs, of a sudden all kinds of american manufacturing is viable again. manufacturing jobs are middle-...
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Nov 17, 2012
11/12
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WGN
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this oil platform was operated by black elk energy. president barack obama in the republican and democratic lawmakers expressed confidence they can avoid the so-called fiscal cliff this worst-case scenario means that tax hikes would automatically go into effect by the end of the year of the deal isn't reached the party leaders met at the white house for about one hour, president barack obama and house speaker john painter didn't try to work out their differences over taxes bigger wants to keep the rates the same for all income brackets while the president wants to raise taxes on the wealthy and there wasn't a detailed discussion on cutting entitlement programs. >> i el 1 de framework of the deals with reforming our tax code and reforming our spending. >> we feel we understand what the problem is and i feel very good about what we are able to talk about we have the cornerstones of working something out we both will have to give up some of the things that we know our problem. >> harry reid is saying that negotiators will work through the
this oil platform was operated by black elk energy. president barack obama in the republican and democratic lawmakers expressed confidence they can avoid the so-called fiscal cliff this worst-case scenario means that tax hikes would automatically go into effect by the end of the year of the deal isn't reached the party leaders met at the white house for about one hour, president barack obama and house speaker john painter didn't try to work out their differences over taxes bigger wants to keep...
WHUT (Howard University Television)
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Nov 13, 2012
11/12
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WHUT
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some governments are starting to reduce their reliance on the energy source. last year's iea report stated nuclear power generation could grow by 70% from 2010 levels, but this year the organization expects 58% growth by 2035. agency officials say last year's accident at japan's fukushima daiichi power plant is a factor for germany and switzerland's reducing independence on atomic energy. they also expect power generation from renewable sources like wind and solar to increase to about one-third of the world's total out put by 2035. >>> countries that catch blue fin tuna are trying to determine how much is too much. they're meeting in morocco to set quotas for this endangered fish. japanese consume 80% of the global catch. they eve watched stocks bounce back. they're wondering if it's time to cast their nets wider again. nhk world's virginie pinon reports. >> reporter: this is the main fishing port in the country where tuna is exported to japan. it's here that the future of the tuna stock will be decided. >> the road to start recovery is a long and art ous one.
some governments are starting to reduce their reliance on the energy source. last year's iea report stated nuclear power generation could grow by 70% from 2010 levels, but this year the organization expects 58% growth by 2035. agency officials say last year's accident at japan's fukushima daiichi power plant is a factor for germany and switzerland's reducing independence on atomic energy. they also expect power generation from renewable sources like wind and solar to increase to about one-third...
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Nov 15, 2012
11/12
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KGO
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new concern with 5 hour energy. >>> welcome become. we are seeing affects of that storm south wind developing in novato, -- as you get in the higher elevations we are starting to feel the winds come in that will be the case southwesterly winds keep us mild today bringing increasing clouds mid to upper 60s. low 60s along the coast. we'll have scattered showers during the evening better chance of rain friday, waves, couple rounds saturday, one round sunday morning we should be dry sunday afternoon. here's sue. >>> two new accidents in the oakland area. first eastbound ramp to southbound 880, left lane blocked eastbound 80 ramp to southbound 880, new accident southbound 86, 16th two lanes blocked, delays are beginning to envelope there. look at your waze app, highway 4 westbound out of antioch, very slow bumper-to-bumper, as you make your way towards concord about a 20 to 25 minute commute. >>> 6:41 with >> not just soda getting the blame for america's obesity problem. >>> the tiny bottle promising a big caffeine jolt. new concerns raced
new concern with 5 hour energy. >>> welcome become. we are seeing affects of that storm south wind developing in novato, -- as you get in the higher elevations we are starting to feel the winds come in that will be the case southwesterly winds keep us mild today bringing increasing clouds mid to upper 60s. low 60s along the coast. we'll have scattered showers during the evening better chance of rain friday, waves, couple rounds saturday, one round sunday morning we should be dry sunday...
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Nov 16, 2012
11/12
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WBAL
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the department of energy records show new york utilities restored power to at least 95% of customers 13 days. new jersey reached the same level in 11 days. >> it is a pretty day. >> bge officials say could be looking at cheaper heating bills. >> how should parents react to graze on the report card? some helpful tips coming up. >> cool weather for the weekend. >> coming up at 6:00, the theater that drew a pilot crowd in september will learn if it will lose its liquor license. we get hold of new documents revealing how crazy the scene was that authorities encountered. finding help for victims of domestic violence can be difficult. steps being taken to change that. we will have these stories and we will have these stories and >> it is report card time, it can be nerve wracking for parents and students. a local nonprofit group committed to fighting child abuse says child abuse reports to go up that report card time but it does not have to be that way. tim joins us with what they are advising to help families. >> this has been a concern for some time. one baltimore organization trying to
the department of energy records show new york utilities restored power to at least 95% of customers 13 days. new jersey reached the same level in 11 days. >> it is a pretty day. >> bge officials say could be looking at cheaper heating bills. >> how should parents react to graze on the report card? some helpful tips coming up. >> cool weather for the weekend. >> coming up at 6:00, the theater that drew a pilot crowd in september will learn if it will lose its...
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Nov 18, 2012
11/12
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CNN
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one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> well you heard it from warren buffett, taxes are going up on the rich. but is that going to be enough to tackle the debt? the math just doesn't add up. allowing the tax cuts to expire for everyone, unpalatable and as unpopular as that would be, would show growth
one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> well you heard it from warren buffett, taxes are going up...
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the top world company and actually we've talked to an analyst consented seem enough from a national energy security fund and he says that this partnership could develop even further in a couple of years this is where you have a. more than fifty percent of it will be in the hands of private investors it's meals that as you say maybe a year in the nearest future maybe it's also the question of two or three years b.p. can buy a serious share in the us and we will see the of b.p. instead of b.p. but it will be not maybe it will be not adjourn to ensure it will be really a new company. so that could indeed create a huge player on the market was because ross net right now is the biggest oil major after this deal with it and it could become at least twice as big ok i think this begs the question now that b.p. is dog itself out of this rather tumultuous relationship that it had will be paid whoa what would you say the difference is going to be with real sniffed it's going to be different a wall it will be different i'm sure of that because i'm sure that b.p. if that deal of course happens this is
the top world company and actually we've talked to an analyst consented seem enough from a national energy security fund and he says that this partnership could develop even further in a couple of years this is where you have a. more than fifty percent of it will be in the hands of private investors it's meals that as you say maybe a year in the nearest future maybe it's also the question of two or three years b.p. can buy a serious share in the us and we will see the of b.p. instead of b.p....
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Nov 15, 2012
11/12
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WRC
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. >>> coming up, new concern over popular energy products. reports the fda are investigating. >>> plus, why you might not be able to eat a twinkie or other popular treats anymore. tom kierein will be back with a look at the weekend forecast. i got it when my internet here was faster than at my office. [ male announcer ] when people switch from cable to verizon fios, there comes a moment when they get it. the difference 100% fiber optics makes. when i saw that picture, i really got it. i can enjoy the game better at home than going to the stadium. i got it when our apartment became the apartment. [ female announcer ] switch to fios for our best price online -- just $84.99 a month for a year with no annual contract or get this great price and $300 back with a two-year agreement. go to verizon.com/superoffer today. call the verizon center once you've got it, you get it. for customers with disabilities at 800-974-6006 tty/v. >>> right now, some of the nation's senior intelligence officers are answering questions about september's deadly attack on
. >>> coming up, new concern over popular energy products. reports the fda are investigating. >>> plus, why you might not be able to eat a twinkie or other popular treats anymore. tom kierein will be back with a look at the weekend forecast. i got it when my internet here was faster than at my office. [ male announcer ] when people switch from cable to verizon fios, there comes a moment when they get it. the difference 100% fiber optics makes. when i saw that picture, i really...
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Nov 19, 2012
11/12
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KTVU
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the explosion happened friday at a black elk energy platform. 11 people were injured. four seriously. two workers jumped from the burning rig in the water. one of the bodies was located yesterday. >> i'm deeply saddened to say that we have identified one body under the platform. that body has not been recovered yet. we're working in coordination with the u.s. coast guard so that we can respectfully and most efficiently recover the body. >> that ceo today vowed to continue severalling for the second -- continue searching for the second worker's body. >>> larksburg native laporte- oshiro is receiving a scholarship to oxford. >>> ktvu's ken pritchett reports this year there's a new twist. referee: - - >> this year the cones have moved from the left to right. but not everything has changed. the turkey counter reu mains. >> everything is smaller, we have no storage -- the turkey counter remains. >> everything is smaller, we have no storage. >> reporter: what's donated curb side now goes into a cold storage truck for delivery. >> the hilton hotel has been very generous to le
the explosion happened friday at a black elk energy platform. 11 people were injured. four seriously. two workers jumped from the burning rig in the water. one of the bodies was located yesterday. >> i'm deeply saddened to say that we have identified one body under the platform. that body has not been recovered yet. we're working in coordination with the u.s. coast guard so that we can respectfully and most efficiently recover the body. >> that ceo today vowed to continue...
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Nov 16, 2012
11/12
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KTVU
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the rigbylongs to black elk energy, an independent oil and gas company headquartered in houston. >>> a texas rail crossing where a train hit a parade float yesterday has had 10 previous collisions over the past 33 years, according to federal accident records. yesterday's collision in midland killed 4 veterans on the float. investigators say one of them pushed his wife to safety just before he died. 16 other people were injured, some critically when the train hit the tractor-trailer towing the float. the trailer was blocked by traffic from moving off they have tracks. >>> twinkies may soon fade into history because the hostess company wants to keep its promise to shut down operations because workers did not end their strike yesterday. ktvu's janine de la vega has the background. >> reporter: most americans have sunk their teeth into a twinkie or ho ho at some point in their life. >> that was the afternoon snack, you came home from school and had a twinkie or a ho ho. >> now that hostess announced it will close, some customers want to stock up. >> buy them and put them away, i don't kn
the rigbylongs to black elk energy, an independent oil and gas company headquartered in houston. >>> a texas rail crossing where a train hit a parade float yesterday has had 10 previous collisions over the past 33 years, according to federal accident records. yesterday's collision in midland killed 4 veterans on the float. investigators say one of them pushed his wife to safety just before he died. 16 other people were injured, some critically when the train hit the tractor-trailer...
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152
Nov 12, 2012
11/12
by
FBC
tv
eye 152
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the energy sector in texas has been really, really booming. my son's bret and zachary, the fourth generation are not coming into the business. and looking towards next year with the tax situation and the medical taxes on top of the capital games and ordinary income and then, with obama medical care coming down the road and the increase in regulation, it was just time for me to sell my business. david: tell us how burdensome the increase in regulations has been for you. >> well, i mean, this is just my opinion but i feel like since, the last four years, that there has been such a increase of government workers, i think there is also been an increase of government employees in the regulation area, and, they seem to come more often and stay longer. and, i felt like the last few years that i could have been in any business because all i do is work on compliance and regulations and safety and fill out, work with my safety people and you're juggling a lot of balls to satisfy a lot of regulators and i felt like, i feel like i'm doing more of that tha
the energy sector in texas has been really, really booming. my son's bret and zachary, the fourth generation are not coming into the business. and looking towards next year with the tax situation and the medical taxes on top of the capital games and ordinary income and then, with obama medical care coming down the road and the increase in regulation, it was just time for me to sell my business. david: tell us how burdensome the increase in regulations has been for you. >> well, i mean,...
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168
Nov 18, 2012
11/12
by
MSNBCW
tv
eye 168
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. >> but in the hobby shop harrington focuses those energies on something far more delicate. an incredibly detailed dollhouse he was building as a gift for his niece. >> i've been working on this dollhouse for about two years now. it's for that young girl. the young girl, she has no idea i'm making it. she has no idea it's coming down there. >> harrington gave our crew a tour of his masterpiece. >> the windows work. up and down. all the doors open and close. all the lights work, the doors open. all the yellow-colored wood is the natural color of the wood. this door up here, this pulls downstairs so a doll can come up and come around on top. the shingles are individual. this is real brick. 900 individual bricks. yeah, it's a lot of work. it's a lot of fun, you know. >> with hobby shop security consisting of little more than surveillance cameras, time spent here is a privilege accorded to only the most trusted inmates. >> you know, there is no officer in here. officers do walk through here at times. they look through the windows. but while this hobby shop has been here, there's
. >> but in the hobby shop harrington focuses those energies on something far more delicate. an incredibly detailed dollhouse he was building as a gift for his niece. >> i've been working on this dollhouse for about two years now. it's for that young girl. the young girl, she has no idea i'm making it. she has no idea it's coming down there. >> harrington gave our crew a tour of his masterpiece. >> the windows work. up and down. all the doors open and close. all the...
119
119
Nov 16, 2012
11/12
by
CSPAN
tv
eye 119
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this from environment and energy news. the justice department charged three workers involved in the deepwater horizon with various criminal violations. dd go down to amarillo, texas, merlin is waiting on the independent line. you're on the "washington journal." caller: i was just wondering how much b.p. has actually made cleaning up the spill? host: not a stat i have for you right now, merlin. i can tell you b.p. was reporting profits in the fourth quarter of 2010 after the spill occurred. profits of about $5.5 billion. the spill occurred in the summer of that year. this according to b.p.'s website. in the third quarter of 2010, b.p.'s profits were about $5 billion. in the fourth quarter of 2011, $7.6 billion in profits. caller: does anybody think that they might have did it on purpose? host: why would you think that, merlin? caller: well, because i heard that the night right before the spill they pulled out their stocks in a lot of, you know, some of the money that they had out there, they pulled out -- host: where are yo
this from environment and energy news. the justice department charged three workers involved in the deepwater horizon with various criminal violations. dd go down to amarillo, texas, merlin is waiting on the independent line. you're on the "washington journal." caller: i was just wondering how much b.p. has actually made cleaning up the spill? host: not a stat i have for you right now, merlin. i can tell you b.p. was reporting profits in the fourth quarter of 2010 after the spill...
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101
Nov 19, 2012
11/12
by
CSPAN
tv
eye 101
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how about an investment in energy policy and not just energy politics? the u.s. is the most energy rich country the world with a wide portfolio of energy resources including resources you are pioneering here. that's not just good for creating jobs and for the fact allows us to be independents, it allows american manufacturing to be competitive again. we have been losing all these jobs for decades because labor costs were lower overseas. if we could lower energy costs in america, all kinds of american manufacturing is viable again. manufacturing jobs are middle- class jobs. they allow people to raise their families, to buy a house, take a vacation, their kids to college, or to get ahead in life. if we had a viable energy policy, we would be so much further ahead in our economic growth. . after deal with health care. we do have health insurance problem in america. but a big government solution is not the answer. we need to figure a way to empower people to have access to a vibrant private market where they can buy insurance they need at a price they can afford from
how about an investment in energy policy and not just energy politics? the u.s. is the most energy rich country the world with a wide portfolio of energy resources including resources you are pioneering here. that's not just good for creating jobs and for the fact allows us to be independents, it allows american manufacturing to be competitive again. we have been losing all these jobs for decades because labor costs were lower overseas. if we could lower energy costs in america, all kinds of...
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89
Nov 15, 2012
11/12
by
CSPAN2
tv
eye 89
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drinks, 5-hour energy drinks and monster energy drinks. they've died after they've ingested these and they've raised serious questions as to whether or not there was causation between them. to find that there were 13 adverse event reports for people who died after consuming 5-hour energy drinks and five people who died after consuming these monster energy drinks -- for goodness sakes, these are for sale to kids across america. we wouldn't sell these kids alcohol over the counter without asking how old they were, whether they are the they've red an age where they're eligible to buy alcoholic products. bur we are selling products that could be more lethal than alcohol to these young kids without the necessary oversight and supervismtion i thank the senator from connecticut for joining me this this effort. we've got to continue it. "the new york times" yesterday made a report that i think puts us on notice there is a lot more to be done. mr. blumenthal: mr. president? the presiding officer: the if senator from connecticut. mr. blumenthal: tha
drinks, 5-hour energy drinks and monster energy drinks. they've died after they've ingested these and they've raised serious questions as to whether or not there was causation between them. to find that there were 13 adverse event reports for people who died after consuming 5-hour energy drinks and five people who died after consuming these monster energy drinks -- for goodness sakes, these are for sale to kids across america. we wouldn't sell these kids alcohol over the counter without asking...
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208
Nov 16, 2012
11/12
by
FOXNEWS
tv
eye 208
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>>trace: before we call it a day on "studio b" if can you not get enough energy from the energy drinks or shots, listen up. you can catch a buzz from a box of crackerjacks. the snack is adding caffeine to their candy coated popcorn and will be called...cracker jacked. it will debut this year. it comes in two flavors. we are told a couple of ounces contain about the same caffeine kick as a 12-ounce soda. just what america needs. more caffeine. crackerjacked. that is it for "studio b" today. and if you are wondering at the corner of wall and
>>trace: before we call it a day on "studio b" if can you not get enough energy from the energy drinks or shots, listen up. you can catch a buzz from a box of crackerjacks. the snack is adding caffeine to their candy coated popcorn and will be called...cracker jacked. it will debut this year. it comes in two flavors. we are told a couple of ounces contain about the same caffeine kick as a 12-ounce soda. just what america needs. more caffeine. crackerjacked. that is it for...
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99
Nov 18, 2012
11/12
by
MSNBCW
tv
eye 99
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if one word describes him, it's intense, just full of energy. and i remember when my producer asked him, what's the daily routine? he just started right in on telling us what it was all about. >> one person has to get down, put the bunk down. you come over here, do your business. you wipe the sink out after you're done. there are rules people live with. you have to be pristine. see how i'm playing in the toilet? this is clean. i could wash my face in here. we don't live like pigs. we're not animals. everything is spotless. that's why everything is so shiny. there's etiquette. say i have to pass gas, right, i'm not going to fart in the cell. i'll sit on the [ bleep ] and hit the button. that way it goes down. it's hell. it's constant pressure. every day. it's like an animal in a cage, you know. you get poked. you get poked. you get prodded, not just by staff but by everybody. everything's a challenge. this is a place where evil lives, you know? >> though he seemed eager to express himself, yost later told our producer that giving this interview p
if one word describes him, it's intense, just full of energy. and i remember when my producer asked him, what's the daily routine? he just started right in on telling us what it was all about. >> one person has to get down, put the bunk down. you come over here, do your business. you wipe the sink out after you're done. there are rules people live with. you have to be pristine. see how i'm playing in the toilet? this is clean. i could wash my face in here. we don't live like pigs. we're...
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332
Nov 17, 2012
11/12
by
FOXNEWS
tv
eye 332
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houston-based black elk energy confirmed all of this. hospital officials in new orleans saying they're treating four workers who are in critical condition with second and third degree burns over much of their bodies. the coast guard reports using helicopters and boats now to try to find the workers who were still missing. this comes just one day after oil giant bp agreed to felony charges and a record $4.5 billion settlement for the 2010 deep water horizon disaster. phil keating with the news live from south florida now. what triggered today's fire? >> it appears to be a maintenance crew using a blade saw to cut some pipe. that shot spark noose some spilled oil. thus causing the fire and causing some serious consequences. this all happened about 25 miles southeast of grand isle, louisiana. the fire only burned for about an hour and a half. so the platform itself is not believed to be in danger of collapsing as did bp's deep water horizon rig 2 1/2 years ago. black he will o'clock energy sent this showing the section of pipe being cut whe
houston-based black elk energy confirmed all of this. hospital officials in new orleans saying they're treating four workers who are in critical condition with second and third degree burns over much of their bodies. the coast guard reports using helicopters and boats now to try to find the workers who were still missing. this comes just one day after oil giant bp agreed to felony charges and a record $4.5 billion settlement for the 2010 deep water horizon disaster. phil keating with the news...
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282
Nov 17, 2012
11/12
by
LINKTV
tv
eye 282
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like a political campaign, it's run the same way and some of the same tactics apply and it's very high-energy. this is a very sophisticated, broad-based, well-funded attempt to essentially overturn the secretary of defense's decision to kill the crusader program. poussaint: meanwhile, united defense's paid lobbyists were on the job on capitol hill, targeting members whose constituents had a stake in the fight. and lobbyists can be expensive. for hundreds of thousands or millions of dollars, you can either get a government contract for billions of dollars or get a tax break that may be worth hundreds or millions or billions of dollars -- i mean, it's a relatively small investment. poussaint: but if it seems that companies like united defense have all the clout, it would be a mistake to underestimate the power of an incumbent president. they carry a pretty doggone big stick. as a matter of fact, they don't carry sticks, they carry clubs. 95% of what's in this enormous defense budget never gets discussed publicly at all. and so you need events like this to sort of show there are people watching,
like a political campaign, it's run the same way and some of the same tactics apply and it's very high-energy. this is a very sophisticated, broad-based, well-funded attempt to essentially overturn the secretary of defense's decision to kill the crusader program. poussaint: meanwhile, united defense's paid lobbyists were on the job on capitol hill, targeting members whose constituents had a stake in the fight. and lobbyists can be expensive. for hundreds of thousands or millions of dollars, you...
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142
Nov 15, 2012
11/12
by
WRC
tv
eye 142
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the government says it is investigating a dozen deaths linked to 5-hour energy drinks. reports of 13 deaths since 2008. the agency says right now no proof that it caused hospitalization or death. the cases call for more observation of the product and other dietary supplements that promise customers an energy boost. >> are retailers going too far when it comes to black friday? a petition on change.org to target ceo has received more than 200,000 signatures from people opposed to the store opening thanksgiving night. a target associate started the petition after target, walmart, toys "r" us opened its doors on thanksgiving morning, meaning employees will have to report to work instead spending time with their families. target said they're just keeping up with customer demand. a lot of places for years have been opening midnight friday morning to get people into the stores and let them shop early. they offer huge deals. one could argue this is a natural progression. >>> it's a big downer on family time some could argue. >> true. >> i'm just saying. >> we could talk for hou
the government says it is investigating a dozen deaths linked to 5-hour energy drinks. reports of 13 deaths since 2008. the agency says right now no proof that it caused hospitalization or death. the cases call for more observation of the product and other dietary supplements that promise customers an energy boost. >> are retailers going too far when it comes to black friday? a petition on change.org to target ceo has received more than 200,000 signatures from people opposed to the store...
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74
Nov 16, 2012
11/12
by
WMAR
tv
eye 74
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they give your child energy to go on. plus -- protein to grow on. >> reporter: what hasn't been growing -- hostess' bottom line. sales dropped as moms began swapping out those fat-filled goodies and white bread for healthier lunch box foods. but a bitter nationwide workers strike that ended in a stalemate may be the final nail in a cream-filled coffin. the 82-year-old american icon plans to shutter its factory doors and let 18,000 workers go. >> it will be very sad because these brands are iconic. they've been around for decades. >> reporter: but this is nothing like mom could make. if you think you're going to miss this twinkie -- don't even try to make this at home. there are 37 ingredients in this little cake. many you'd expect. some flour, lots of sugar, corn syrup. but how about corn dextrin? that's the sticky glue found on the back of envelopes. and that smooth creamy center made from cellulose gum. that's used in hair gel, shampoo, even rocket fuel. some predict a buyer may swoop in and buy the twinkie. >> i think
they give your child energy to go on. plus -- protein to grow on. >> reporter: what hasn't been growing -- hostess' bottom line. sales dropped as moms began swapping out those fat-filled goodies and white bread for healthier lunch box foods. but a bitter nationwide workers strike that ended in a stalemate may be the final nail in a cream-filled coffin. the 82-year-old american icon plans to shutter its factory doors and let 18,000 workers go. >> it will be very sad because these...
112
112
Nov 13, 2012
11/12
by
CSPAN2
tv
eye 112
favorite 0
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energy was in. the clash like a public service announcement with guitars. and they gave u12 2u2 that social act vifm could make as a musical rite. i like to point out that none of your professor, not a single one has ever drawn or likely to draw the connection between the arab spring and the clash. [laughter] [applause] just a little intermission. and okay. sharpen your pencils. i don't need to lecture you about change, change the air you breathe, you are it. i think change is your expectations but what might it mean for you when the pyramid and the whole lot else gets turned up on the head. what a huge opportunity that affords you if you're willing to see because there's not just one big lever of power anymore. there's millions of levers. you have a lot of them in your hands. when we press them together at the same time, that's when things really start happening. and but first, let me hit the brakes before some of you do. let's acknowledge that it's brutal out there. it's brutal out there. by there, i mean, here. and right near america. economy still on th
energy was in. the clash like a public service announcement with guitars. and they gave u12 2u2 that social act vifm could make as a musical rite. i like to point out that none of your professor, not a single one has ever drawn or likely to draw the connection between the arab spring and the clash. [laughter] [applause] just a little intermission. and okay. sharpen your pencils. i don't need to lecture you about change, change the air you breathe, you are it. i think change is your expectations...
123
123
Nov 13, 2012
11/12
by
KGO
tv
eye 123
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dramatic reversal on oil, international energy agency predicts u.s. will be the world's top oil producer in five years all but self-sufficient in energy in 20 years, major reason increased production of shale oil we are doing better with keeping up with mortgage payments. percentage of those two months or more behind is now the lowest in more than three years. top british journal says no evidence tamiflu works. dozens of governments around the world stopped it in case there's another global flu outbreak world health organization is convinced it works the journal >>> beautiful picture from the sutro tower. high clouds and sun warmer weather on the way. >>> chevron has found a way to get around costly clean air requirements. the plant was damaged in august by a fire that sent a black cloud into the air several thousand sought medical attention. chevron has told the air quality management district it intends to repair not replace the damaged unit that means they will not be required to install new equipment chevron says it will voluntarily reduce its emi
dramatic reversal on oil, international energy agency predicts u.s. will be the world's top oil producer in five years all but self-sufficient in energy in 20 years, major reason increased production of shale oil we are doing better with keeping up with mortgage payments. percentage of those two months or more behind is now the lowest in more than three years. top british journal says no evidence tamiflu works. dozens of governments around the world stopped it in case there's another global flu...
286
286
Nov 18, 2012
11/12
by
KPIX
tv
eye 286
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. >> reporter: the rig's owner, houston-based black elk energy said yesterday a worker cutting a pipe ignited vapors from oil still in the system setting off the explosion. the couple said the worker used a cutting torch. today the contractor doing the maintenance work, grand isle shipyard said there is no torch and called that account completely inaccurate. one of the things federal strangers will be looking into is why there was still oil in the pipe that was being cut. oil should have been purged from the system when it was first shut down. this platform is 80 miles away from b.p.'s deepwater horizon, which exploded in 2010, leaking five million barrels of oil into the gulf. unlike deepwater horizon, which was a mile deep, this rig was in shallow water, just 56 feet, and since it was not producing oil, there was only a small leak of about 28 gallons. the c.e.o. of the company which owns the platform toured the site with investigators. he says while his main concern remains the victims, the company still plans to eventually bring that platform back online. margaret. >> brennan: manu
. >> reporter: the rig's owner, houston-based black elk energy said yesterday a worker cutting a pipe ignited vapors from oil still in the system setting off the explosion. the couple said the worker used a cutting torch. today the contractor doing the maintenance work, grand isle shipyard said there is no torch and called that account completely inaccurate. one of the things federal strangers will be looking into is why there was still oil in the pipe that was being cut. oil should have...
119
119
Nov 13, 2012
11/12
by
CSPAN2
tv
eye 119
favorite 0
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again, reform of energy policy could open them. and what is interesting, without going into detail, these were the two issues. the labor migration, labor markets and energy, which were excluded from not because they were politically impossible to deal with. now all of a sudden they may be possible to deal with, which would have an enormous profound effect on economic relations if progress could be made on these two issues together. let me just say one or anything on the marijuana issue legalization in washington and colorado. the reaction from mexico was pretty quick. i mean, does mexico now have to change its policy? why are we defending in trying to prevent marijuana when in fact the u.s. has legalized it in two states. so it's legal there that we are sacrificing to prevent it from getting their. i hope it doesn't come with that attitude in mind, that comes with the attitude that this legalization serta signifies the trend in the u.s. population towards marijuana and drug policy for worship policy should head there would really b
again, reform of energy policy could open them. and what is interesting, without going into detail, these were the two issues. the labor migration, labor markets and energy, which were excluded from not because they were politically impossible to deal with. now all of a sudden they may be possible to deal with, which would have an enormous profound effect on economic relations if progress could be made on these two issues together. let me just say one or anything on the marijuana issue...
132
132
Nov 16, 2012
11/12
by
FBC
tv
eye 132
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toward green energy quest back he says call is not over. what you make of this report, it seems like it is perfect for the president. if you look back at recent history, the future growth. and in renewables. if you look just at last year alone, global coal consumption increased by 3.9 million barrels of oil equivalent. that is equal to all current contribution from all global solar, all global wind and all global biomass. cheryl: i agree with you in a few the numbers. we are showing the numbers to our viewers. at the same time, you know that this will be perfect for them to push more money into green energy and add more regulation to the industry. >> it is not just the regulations that are serious. it is also low-cost natural gas. remember about four years ago gas prices were about three dollars higher than they are today. this low that gas prices not only hurting the coal sector, it is also really hard for the renewables sector to justify, especially the wind dies, to justify their product. cheryl: you mentioned natural gas. clean burning
toward green energy quest back he says call is not over. what you make of this report, it seems like it is perfect for the president. if you look back at recent history, the future growth. and in renewables. if you look just at last year alone, global coal consumption increased by 3.9 million barrels of oil equivalent. that is equal to all current contribution from all global solar, all global wind and all global biomass. cheryl: i agree with you in a few the numbers. we are showing the numbers...
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159
Nov 15, 2012
11/12
by
CNN
tv
eye 159
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this time, 5-hour energy. the fda looking in to more than a dozen deaths linked and dozens more hospitalized. more on the 5-hour energy invest coming up. a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center, working together has never worked so well. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. >>> all right. if you're drinking one of those 5-hour energy drinks, you should know the fda is investigating 13 deaths reported as adverse events after drinking the dietary supplements. it is not yet known whether the energy shots caused the deaths. the company has responded to the report saying it's, quote, unaware of a
this time, 5-hour energy. the fda looking in to more than a dozen deaths linked and dozens more hospitalized. more on the 5-hour energy invest coming up. a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center,...
117
117
Nov 19, 2012
11/12
by
CSPAN2
tv
eye 117
favorite 0
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energy production. as you know, the far left seems to be oppose od to any and all forms of energy period. in the upper left period, after talk fukushima, you had people protesting nuclear power. you had angela merkel, who i actually respect immensely as the new iron chancellor of germany, she decided because of the protests to shut down nuclear power. now, she's a nuclear physicist, okay? so she really should know better. >> haven't had an earthquake -- >> yeah. or a tidal wave in a hong time. in the upper right corner you have fracking causes cancer, which is not true, and you have some guy dressed as a weasel dancing. not sure what that's about. in the left corner you have no dams. they don't want hydroelectric power. this is in patgonia in the argentinean/chilean border, so they're opposed to hydroelectric power. and you may not be able to read this, no industrial wind, capitalism still blows. he made sure he fit it in. >> it's the weasel. [laughter] >> [inaudible] >> you might actually, that might a
energy production. as you know, the far left seems to be oppose od to any and all forms of energy period. in the upper left period, after talk fukushima, you had people protesting nuclear power. you had angela merkel, who i actually respect immensely as the new iron chancellor of germany, she decided because of the protests to shut down nuclear power. now, she's a nuclear physicist, okay? so she really should know better. >> haven't had an earthquake -- >> yeah. or a tidal wave in a...
566
566
Nov 17, 2012
11/12
by
WMAR
tv
eye 566
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black elk energy, the houston-based company who owns the platform, says 1 of the 22 contractors onboard, improperly used a blowtorch to cut the pipeline igniting the explosion. 11 workers were injured, medevacked to safety. four with severe burns. >> they treat us contractors as part of their family. so, when there's an incident, it hurts. >> reporter: as far as the oil spill, the coast guard says the impact is minimal because the rig was shut down at the time. >> the environmental threat, as we know, there was 20 gallons that potentially were in that 3-inch line, which would equate to approximately 28 gallons of product. >> reporter: not even enough to fill a large suv's gas tank. in comparison, bp's deepwater horizon disaster, 2 1/2 years ago, spilled enough daily to fill the gas tanks of 82,000 suvs. and just a few hours ago, two more boats actually doubled in size arrived on the scene to help with the search. which is a 40-mile, by 35-mile radius around that platform. the weather has been cooperating. there are no storms in sight. so, they do have a clear line of vision. hopefully,
black elk energy, the houston-based company who owns the platform, says 1 of the 22 contractors onboard, improperly used a blowtorch to cut the pipeline igniting the explosion. 11 workers were injured, medevacked to safety. four with severe burns. >> they treat us contractors as part of their family. so, when there's an incident, it hurts. >> reporter: as far as the oil spill, the coast guard says the impact is minimal because the rig was shut down at the time. >> the...
78
78
Nov 20, 2012
11/12
by
CSPAN2
tv
eye 78
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what he just announced as he can do a energy tax tomorrow and not have broken his word and energy tax of course whacking the middle class. he can raise income taxes on people a year from now, which is why what he wanted to do was kick out the bush rates for people less than 250 per year. he can't get -- and this is where you talk about dual mandates. were talking about marginal tax rates on higher income people and successful small businesses. that raises 400 alien. this other taxes in addition to rate increases he wants to include. he talks about the rates. over a decade. so he is $800 billion he plans to raise from higher income people. the size of the dead if he gets that in his budget, assuming he gets the tax hike, he raises a trillion dollars in debt over the next decade. so having solved less than 10% of the problem company then comes back and says that he was going to pay the 8 trillion? .the energy tax, which pours the treasury department has seven times people have been trying to subpoena the information. they don't want to share with anyone because it's not really relevant.
what he just announced as he can do a energy tax tomorrow and not have broken his word and energy tax of course whacking the middle class. he can raise income taxes on people a year from now, which is why what he wanted to do was kick out the bush rates for people less than 250 per year. he can't get -- and this is where you talk about dual mandates. were talking about marginal tax rates on higher income people and successful small businesses. that raises 400 alien. this other taxes in addition...
87
87
Nov 18, 2012
11/12
by
CSPAN
tv
eye 87
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again, reform of their energy policy could open them. what is interesting, and without going into detail, these were the two issues -- the labor migration, labor markets and energy, which were excluded from nafta because the more politically impossible to deal with. now all of the said they may be possible to deal with, which would have are really enormous profound effect on economic relations between the two countries if progress can be made on these two issues together. let me just say one other thing on the marijuana issue and legalization in washington and colorado. it is very interesting. the reaction from mexico was pretty quick. the reaction was, does mexico have to change its policy now? why are we defending a border in trying to prevent importation of marijuana when in fact the u.s. has legalized it in two states? it is legal there, and we're sacrificing mexican lives to prevent it from getting there. i hope peña nieto does not, that attitude in mind, but the attitude that this legalization sort of signifies a trend in the u.s.
again, reform of their energy policy could open them. what is interesting, and without going into detail, these were the two issues -- the labor migration, labor markets and energy, which were excluded from nafta because the more politically impossible to deal with. now all of the said they may be possible to deal with, which would have are really enormous profound effect on economic relations between the two countries if progress can be made on these two issues together. let me just say one...